💬hangout

[obsidian trout]

One thing i really want to see in the luxalgo discord is a voice chat that anyone can join and that everyone can talk and talk about their strategies etc.

I think this will be a very good thing!

[old crow]

Signals and Overlays good, NEO Cloud is GREAT for swings!

[candid salmon]

A screener coded in pinescript won't work because Signals and Overlays does not have the signals available as an external source.

[sweet otter]

oh nah just something on finviz i can run daily so i can add to my watchlist for an entry

[old crow]

You would have to create separate alerts for your specific needs, as there are so many different combinations of settings and optimization for alert signals. But we do have this that may help: #🔔scanners-premium

[candid salmon]

If you can figure out a way to connect Trading View to FinViz ...

[karmic raft]

I've watched the live vid on the neo cloud couple of times now does it stand out on particular tf's or can you use it on all?

[old crow]

Works on all TF's, I personally like it for 4H for swing bias. Daily is good too

[gritty kite]

Market's about to close

It's time for your daily dose of...

https://tenor.com/view/fact-of-the-day-facts-fax-fax-bro-fax-bruh-gif-26309542

" Micky Sticky Fact #53 "

Legend has it that he knows Victoria’s Secret !!

All we know is that Master Trader @old crow with over two decades experience is here helping us get better! There is nothing he doesn't know

P.S: His girlfriend complained that her car was making a terrible noise. He removed the Mariah Carey CD and now the car is fine!!

[old crow]

lollllll

[sweet otter]

https://tenor.com/view/mariah-carey-christmas-gif-23927683

[old crow]

hahahahah

[gritty kite]

The new style of streaming is cool

The opening sounded like a radio show when the host introduced Micky 🙂

[sweet otter]

ah i didnt get to catch the stream 😦 workflow today

to follow up on my Q what causes the algo to create the bullish/bearish indicators

[gritty kite]

Broadly speaking - Price Action

Specifically - It is a trade secret

[old crow]

Correct, its LuxAlgo proprietary algo's

https://tenor.com/view/shh-secret-chris-pratt-silence-dont-say-gif-17543341

[sweet otter]

ok gotcha lol, but maybe something in line with the finviz screener that I can look through to pick up on this price action

[old crow]

Just use TV screeners

[sweet otter]

is that a preset or something else? different site?

[still bone]

arb @ 15 min

[sweet otter]

i turned on the screener channels in the server but its just a barrage of alerts

so i was trying to see if there was something i could set up that I can review after work and make a little watch list for the next days trading

[young sand]

@sweet otter has earned the Lux Level 2 role!

red_210 just levelled up! 🤗📈

At this point you’re considered family here at LuxAlgo. We are so glad to have you engaging with other members 🤗❤️ Keep it up & you might just earn something special ;)

[sweet otter]

ayyyeeee level 2

https://tenor.com/view/finger-guns-michael-scott-steve-carell-the-office-pew-gif-14552925

[old crow]

https://www.tradingview.com/screener/

https://www.tradingview.com/crypto-screener/

XAU GOLD 4H

ES 4H

BTC 4H

PAC Automatic Pattern Detection, a little trick I showed in the Live stream a few hours ago

EUR/USD 4H

[old crow]

Congrats!

Welcome to the fam

[wispy wyvern]

Why do u have 2 dashboards?

[little flint]

get him a cookie @old crow

[wispy wyvern]

To see shorter pattern detection?

[old crow]

@sweet otter 🍪

[old crow]

Yes, helps with validation in micro moves. I chat about this in todays live stream. Did you check it out?

This could be a strategy all on it's own

[wispy wyvern]

I will when i come home if it will be uploaded

At work

[old crow]

https://www.youtube.com/live/gnTZCLhailE?si=ZKOJwUUKjr_1cGej

[wispy wyvern]

In this case u would go short on double top?

Since its at top line of descending wedge

[old crow]

thats would be a range play to the bottom pattern line

[wispy wyvern]

Ye

Nice 😬

[old crow]

thats how you interprate the whole picture, good eye!

[still bone]

black firday ?

line

😄

[old crow]

just validates the pattern

then the 2nd micro pattern tells you the move is over for time being (for gold)

[wispy wyvern]

And with auto trend line + order block it get even more clear

[old crow]

so many ways to interprate the chart with this 2nd pattern

[old crow]

its a good little trick

shhhhhh

[wispy wyvern]

Very nice 🖖

[old crow]

I bet someone can create a great Pro Strategy with this trick

🚀

[wispy wyvern]

Gonna watch some other charts with this trick lets see if it matches up

[wispy wyvern]

You probably have to reconize that right shoulder yourself tho and once it forms on chart you get confirmation with pattern detect

Macro ascending triangle, micro inverted head and shoulder pattern

Breaks out of triangle 😮

🤔

[old crow]

interesting

thought you were at work?

[wispy wyvern]

I have a phone

But i can do whatever i want at work aslong as all customers are satisfied and everyting is oke my boss doesnt care to much

Can even decide my starting time myself as long as i come in between 2-5

[old crow]

nice boss

[wispy wyvern]

But not all patterns make sence. But seems if you find 2 together They really look strong. Just saw 1 with a descending triangld on macro and under that a descending broadening wedge under it.

[old crow]

and a sprinkle of OB's

then....

🤌🏽

[tender ivy]

Hey what live it is ?

[young sand]

@tender ivy has earned the Lux Level 1 role!

julius_drive just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

[late blade]

any update teaser?

[old crow]

🤷🏻‍♂️

Updates? for?

[karmic raft]

If ure trading within the current trend would a liquidity grab indication be considerd as a decent entry point for scalp? Been testing this for a while in combi with other validations seems to work fine thoughts?

[wispy wyvern]

@old crow maybe this is also interesting i was searching up what a decending broadening wedge was and it said that usually before a pattern like that happens there is bearish divergences. See here a descending triangle pattern (bearish), bearish divergences divergences dollowed by a descending broadening wedge(supposed to be a bullish reversal pattern in this case)

Needs some more research haha

[old crow]

In theory, yeah, just depends on your overall strat

[late blade]

I swear I saw a post that said they're coming, I guess just the latest and greatest in algos, ai, etc

[old crow]

hmmmmmm, they are constantly pushing new updates/features and also tons of public indicators as well. I am sure they have plans for bigger updates to the Premiums soon. We just have to wait.....until then......

🚀

[wispy wyvern]

Mhmm would this one be 1 still need to happen @old crow

Asc bw pattern at the bottom. Falling wedge in side if candle close above falling wedge go to upper line of asc bw pattern. Also falling wedge ends in order block and nice 1.351 price

Double bottom aswell

Uptrend close to line under.

Some bullish signals on oscillator

Only higher time frames are mehh. And dont like

[carmine jackal]

@old crow

[old crow]

Hey!!!!

[carmine jackal]

hey i was fast lol

[old crow]

Here are links to get you started #🧠core-lessons

#📈must-watch

And this is where Lux staff and members have been posting their strategies with settings and setups #1128499789437354106

There’s lots here, take it slow. Let us know if you need some help or clarification when your going through these sections

[carmine jackal]

thank you

so much

[old crow]

Its better on this side, right? LOLLL

[carmine jackal]

haha lol yes

[young sand]

@carmine jackal has earned the Lux Level 1 role!

helk8736 just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

[carmine jackal]

is it possible to use the lux algo backtesting premium strategy ?

or it is not included in the pack

?

[obsidian moth]

GM

[old crow]

Not included in any plan right now. It is in beta, but they plan to release this soon later this year.

[quasi cradle]

If a bearish OB is dominated by green color (buying), but the price reaction is a rebound (flew down) - how to explain it? It is not a false OB, because the price reacted to it, but then why in the opposite direction?
Explain please.

[carmine jackal]

all right thnk you

[old crow]

DXY
Who's READY for Asian session ❓

USD/JPY

[obsidian moth]

your time to sleep

[fallow lichen]

well damn Gold!!! i think i sold too early hahah

[old crow]

hahaha

[old crow]

ES 4H

[obsidian moth]

see XAU

[old crow]

XAU

[old crow]

Silver Futures

• But whats interesting is, both these PAC Patterns (Pattern settings @ default 5 and 2)
• They both played out very well

[old crow]

I think that’s it for today 👋

[gritty kite]

goodnight Micky

[carmine jackal]

any idea how to use the patterns keep seeing line redrawing while price changing

[wispy wyvern]

Patterns you can just have on default (5) and you see a pattern

Are you on a low tf?

[carmine jackal]

yes 1min

[wispy wyvern]

Maybe thats why it redraws

Try little higher than default would be my guess on a lower tf

So its more macro on a small tf

[carmine jackal]

@old crow , the luxalgo backtesting premium is available only for lifetime subscribers apparently, you told me it will be released to all subscribers in the coming months right ?

[nimble garden]

hello guys

[old crow]

Correct, not avail on any plan now. They said it is in the plans to be released out of beta end of year.

[nimble garden]

good morning

[old crow]

It actually doesn’t redraw, in lower TF’s it adjusts the touch points as price moves forward to see if there’s a pattern to be confirmed. There are several patterns the Algo is looking for. Remember, the pattern lines can be solid or dashed as they both have different meanings

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-pa/liquidity

And yes, 1m is not so hot with any type of template.

15m or above is what I recommend

[sullen solar]

It’s 4am and @old crow is up in early answering questions. Sheesh! Give him a share of that money 💰👏🏽

Luxalgo Customer service is pretty fast, but not as fast as Micky!

🤣💯

[old crow]

Morning

But your up too

[sullen solar]

Good morning! Bro and yes haha I was thinking of trading UB but I’ll stay with ES

For a bit

[odd granite]

When will be next lifetime sales for indicators? And how much was the cost last time?

[old crow]

I am not sure if there will be another lifetime plan. You can try to email and find out [e-mail]

[odd granite]

How much it costed last time?

[old crow]

I dont remember exactly, I think it was about $1k

[carmine jackal]

thank you

i'm actually looking at the premium signals indicator

and what i love the most is the reversal bands

they seem to hold especially if it aligns with a strong signal and OB

[forest geode]

Moved SL

[little flint]

@proper wing boxes pls ty

[old crow]

He doesnt do boxes this early.
Until then, you will have to deal with 4h OB with overlaps on the ES

[wispy wyvern]

Make first trade on challenge account this morning then servers went down for like 10 minuts during data 😂😂

[old crow]

Yeah, and whats their reasoning this time?

[little flint]

u got rekt then?

[old crow]

Just pay another challenge fee?

not sure how that works

[wispy wyvern]

Nah im good

Was already in + and news data was good

But couldnt log in 😂

[old crow]

what did their support say? im sure they will do you good.

[wispy wyvern]

They said working on it and then it came back up but my trades are still on and cuz of data pushing more

So for me it wasnt that big of a deal

[old crow]

https://www.tradingview.com/economic-calendar/

Friday News drops

☝🏽

[unique cypress]

@wispy wyvern your active on that trade i think

[old crow]

ARM Holdings
Since its only few days old since the IPO release, had to use a 1m TF to fill up the chart with some sort of data

[little flint]

https://tenor.com/view/ding-dong-gif-22955046

https://tenor.com/view/liz-truss-liz-truss-bell-gif-26812127

[old crow]

🚀

On this ES or micro ES dump, I would be drawing a manual trendline here (pink channel TL)

This manual TL would be my stop

PAC Pattern called this dump on the entry TF 15m, crazy stuff
Doesnt happen 100%, but happens enough, that you wonder

[grave inlet]

we may see v shape reversal after that?

[old crow]

Just an idea with my manual TL's

[old crow]

Who know's, im thinking a chop after this move

[grave inlet]

Thank you 🙂

[old crow]

this sucker still going

this is a very steep TL, so be careful.

[buoyant cedar]

Can u guys tell me the best sensitivity for buy sell signals for signals and overlays?

[old crow]

We dont like steep angles on these lines

[buoyant cedar]

I either get none, or get like 5 inaccurate ones in one spot

Its really annoying

[old crow]

The dashboard optimal sensitity is your best bet to start with, imho

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings

[buoyant cedar]

Where does it say on the dashboard

[grave inlet]

or you can enable auto pilot

[old crow]

You can do auto pilot or use the sensitivity features

[old crow]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings

@grave inlet

[grave inlet]

Thank you 🙂

[young sand]

@grave inlet has earned the Lux Level 1 role!

singh6636 just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

[grave inlet]

I enable Auto pilot and keep on watching video to get better understanding. Thank you @old crow

[old crow]

For me, I love auto pilot long term for directional bias

Price hits this 1st road block OB

Lots of FVG's left behind, maybe thats the monday play

[grave inlet]

I looking into 5 min it hit strong low

[old crow]

and at an OB

[grave inlet]

may be retrace 618 around 4540.50 then go low again

[proper wing]

GM everyone. Not much changes from Yesterday Box. Watch 4525 level:

[little flint]

the man, the legend, the myth

[old crow]

Sa far, this is holding up, lets see

[old crow]

Uh oh, the first reversal sign at this OB

As I mentioned in yesterdays live steam, this Gold pattern was key to close out any shorts, as a little bird said possible up break

LuxAlgo PAC Patterns

[obsidian moth]

uh i not watch it yet 😦

[old crow]

If you were lucky to hop on this 15m PAC Pattern entry, then maybe this would be the time to ring the cash register and enjoy the weekend.

By the way, I was not one of the lucky ones

😥

[obsidian moth]

selling xau with small size now lol

after whole day wait n see

[old crow]

CHOCH, with Pattern theory breakdown, and FVG, and breaker block busted.
DANG, what a SET-UP !!!!!!!!!!!!!!!!!!!!!!!!!!!!!

https://tenor.com/view/head-bang-gif-4680729

[old crow]

you jumping in now?

[obsidian moth]

just entry at 1930

sl at 1935

[old crow]

nice, going with the fade limit

[grave inlet]

look like it's going for 4505 order block?

[obsidian moth]

goddamn wht happening with xau

suddenly 1 candle high

i use tf 4h

[proper wing]

Updated comments in Cyan: ES CHart

[old crow]

Getting a little too deep now

LOL

[fleet tendon]

https://tenor.com/view/really-deep-thats-deep-nick-jonas-jumanji-jumanji-movie-gif-11210072

[little flint]

that's what she said

[old crow]

Looks like a pause here

Now we watch the London close

[old crow]

And YET again, a PAC 4H OB holds strong, for the time being

[old crow]

nice nice

🔳

Ok, we have the push to the London close

[little flint]

ready for the PM

[old crow]

I think thats it folks

What do you think?

[proper wing]

ES 30s & 15s TMF

[proper wing]

es 4518.75 seems to be a hurdle. Need to clear level 4518.75 & 4522 to move higher

[lunar tapir]

where is this strategy?

@old crow

setting please

[old crow]

These charts are just for my daily bias direction. Auto pilot long term, candle color simple, conformation/exits, Neo Cloud, Reversal zones

Matrix default

[lunar tapir]

thanks Micky ❤️

[rocky prairie]

@tame socket when the kush is good

[tame socket]

[nimble garden]

hello Micky, have a nice day 😊do you expect reversal or retracement about dxy ?

[old crow]

Oh for sure absolutely

But I don’t know when

[nimble garden]

with this 2 charts together, we could see more clear. thank you 🙋🏻‍♂️

[old crow]

Yes, with higher timeframe charts they do give me a great directional bias

[nimble garden]

👍🏻😊

[old crow]

WEEKEND is here!

[sonic wigeon]

Is there a way to customize the oscillator matrix

[young sand]

@sonic wigeon has earned the Lux Level 1 role!

.pwnstarz just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

[sonic wigeon]

For alerts. With the step feature that’s on the price action concepts

[old crow]

The Matrix does have the any-alert features, and I believe you can use the Matrix as an external step, but I have not tried that yet, so I am not sure if it is totally robust when compared to the actual Matrix any-alerts or custom-alerts. Try it out...

You can always submit a request if you are look for something specific #🔍feature-requests

[kind tapir]

i am new here what is the best setting for luxalgo

[old crow]

HEY WELCOME!

You can start here
#🧠core-lessons
#📈must-watch

[sonic wigeon]

Thank you for the response

[fossil gull]

Do you get to collect $200 dollars if you pass GO?

[old crow]

?

[fossil gull]

you said you can start here, so i referenced monopoly

[warm stratus]

@old crow it’s me. This one has access. One is for nft/everything else and the other account without access is strictly for trading

[old crow]

cool, can you post your chart examples and settings on each so we can take a look?

[warm stratus]

Let me send them to myself to get them onto my phone 😂

I figured it out. I had one of the autopilots set to midterm while the other was off.

[old crow]

BOOM, its always the settings

[warm stratus]

There is so many options, it’s easy to do!! Haha

[old crow]

Try save it as a template

[warm stratus]

Can you send a link for the candle coloring video/reading? Please

[old crow]

hmmmm, im not sure if there is a specific video just for the candle colors, i would have to search for that later

[warm stratus]

That would be clutch to have in a future update. These scripts don’t give us access for templates. Or is they trading views side?

[old crow]

You ca save your settings in a chart template. This is a TV feature

[warm stratus]

Those 4 bubbles next to indicator?

[old crow]

Go to TV support docs and they show you how

[warm stratus]

I know how to use the basics of trading view haha. Where is tv support?

[old crow]

https://www.tradingview.com/support/solutions/43000543048-what-are-indicator-templates-for/

this should help

once you have template saved, all the indicators and settings will be saved for that template. so all you have to do is reload that template up next time

I have like a million templates saved

[warm stratus]

What in the world, I don’t have that button

[old crow]

I wonder if its the level of TV plan you have?

not sure

[warm stratus]

I have this

I have plus

[old crow]

thats it

after you set your chart and indicators up, then save it as a template

[warm stratus]

Thank you

[proper wing]

@old crow how low can we hit on ES 🤔

[old crow]

This is what the Daily OB's look like on a 4H chart

[proper wing]

I see more selling pressure, but 4500 is holding well so far

[old crow]

Yes, it is deep in a 4H OB now

[grave inlet]

look like long term target.

[old crow]

4H
This is what it looks like with the 4H OB's showing overlaps and Daily OB's showing overlaps

We have some real estate below us, before the brick wall

@proper wing

[grave inlet]

before next FOMO meeting

[proper wing]

That means there must be a broker to sell the estate. 😂

[old crow]

Yeah, the broker name is Team Market Makers

[old crow]

you meant FOMC, right?

LOL

[grave inlet]

yes, FOMC real deal lol

[old crow]

I like FOMO meeting instead

[proper wing]

Have a nice weekend everyone. Don't give up your profit. Have to step out

[old crow]

Final tally for the week

Have a good weekend everybody

👋🏽

Ill be around

[gritty kite]

Market's about to close

It is time for...

https://tenor.com/view/fun-fact-elon-musk-saturday-night-live-fact-did-you-know-gif-21520232

" Micky Sticky Fact #54 "

Legend has it that When God said 'let there be light'. Micky said, 'say please'!!

All we know is that Master Trader @old crow with over two decades experience is here helping us get better! There is nothing he doesn't know

P.S: His girlfriend asked him to burn 2000 calories, so he left a tray of cookies in the oven!!

Thanks for your help this week Micky

[fallow lichen]

https://tenor.com/view/closed-sorry-were-closed-old-closed-sign-closed-sign-closed-by-liz-gif-21046087

[wispy wyvern]

@old crow i was thinking. Looking at your daily/4hr order blocks overlapping. Could you add a 3rd one with 1 hour tf to narrow the entry zones for a trade?

Lets say you find a daily and 4 ht overlapping order block but they are quite wide. Add a 1 hour ob to narrow the space and entry a trade from there?

Or is a 1 hour order block irrelevant on a higher tf

[old crow]

You can add as many TF OB overlays you want. But the more you add, the more the chart will say no trade

Eventually you’ll have 200 OB’s on the chart

[wispy wyvern]

On 4hr chart:
Daily ob
4hr ob
1 hr ob

Thats what i mean with narrowing the range to enter a trade

Maybe not the best example just took a pair to show what i mean.

[old crow]

Yeah I see what your seeing. It can be good. Just be consistent with it

[wispy wyvern]

Ye have to check later on some other pairs. Maybe just coincidence

[old crow]

Good for weekend fun

[wispy wyvern]

Not to much time this weekend haha

Sunday is the big day

Bjj tournament

Atleast 4 matches in no-gi and 4 matches in gi in groupstage and if i win them semi final and finals of both

Atleast 8 matches. Might become 12. Will be a tough day 😂

Maybe ill just do it when i come home from work

[old crow]

Hajahajajaja

I knew it

[old crow]

BTC 4H
Holding steady at this TL (unconfirmed pattern) support level line

[gusty forge]

anyone here facing an issue where trend signals are wrong ..and candel color as well?

[old crow]

All is functioning properly on my end.
Can you show a screen shot and settings please?

Im responding to your support post now

[covert pagoda]

what are your settings color for the ob/breaker/ colors

[old crow]

every week it changes, LOL

Just white and black and at 50% transparency

stay tuned for next weeks color combo

[covert pagoda]

hahahah

im same bro

i literally change my candles weekly and the background i literally cant find one that i for sure love hahahaha

@old crow it honestly pisses me tf off hahaha

and thank u bro

[hidden moss]

[old crow]

NICE!

and WELCOME!

[hidden moss]

Thanks! Excited to be here!

[worldly olive]

Can someone tell me the pros and cons to a funded trading account?
What types of funded accounts are there? What different brokers are there are and why are they better or worse than others??
What types of securities besides Futures can you trade? Options, stocks, ETF's, etc.

Thanks to anyone who answers any of these questions. Same questions with prop firms^^

[old crow]

Also check this out as well #📈must-watch

[hidden moss]

Nope

Does anyone have a tradingview discount code?

[indigo galleon]

This is $ASML on 1D chart. Anyone knows why the money flow indicator in oscillator matrix is showing green when its clearly a deep sell off?

[hidden moss]

I actually already went through that section before going through #🧠core-lessons

[young sand]

@hidden moss has earned the Lux Level 1 role!

kevinlovejoy just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

[old crow]

From this image, I can see that price retraced during the green money flow. And remember, the Money flow does not move with the candles tick per tick, If that was the case, then there's no need for either one. Money Flow is a smoother trend feature that indicates a longer term price action. And from what I see from this image, there are numerous of price gaps every few bars, this is something I would stay away from, just me personally.https://docs.luxalgo.com/lux-algo-premium-indicators/lux-oscillator-premium/smart-money-flow

AND look at the HyperWave during the bullish MoneyFlow.

☝🏽

Each feature of the Matrix has it's own purpose

Daily chart with no indicator on this symbol
You can see all the numerous price gaps.
So there is just lack of data (missing candlesticks for flow) for any indicator, as each indicator will try to connect each available data point and plot itself on the chart without any breaks within the indicator.

@indigo galleon

@indigo galleon I drew this retracement exactly where you saw the bullish Money Flow. Not a "deep sell off." But a huge bullish retracement since this is a Daily TF

@indigo galleon Hope this helps. Matrix is really good, just have to read each feature, and it can be

[indigo galleon]

thanks man I am new to LuxAlgo so appreciate all the help.

[old crow]

Cool. When in doubt, Turn off the trend candle colors so you can see what the Matrix is telling you. Then once you learn how the Matrix works, candle trend colors with Matrix is really Great!

[indigo galleon]

damn I just turn off the color gradient and now I see it!

[old crow]

Hahaha

Did you see the Matrix video?

But once you learn it, then boom! Trend colors and Matrix 🚀

Don’t forget the Turning Points @indigo galleon

[old crow]

Ok almost time for me

[little flint]

https://tenor.com/view/google-gif-25414271

[obsidian trout]

I use the broker capitalcom. It’s the only broker that i use and i have no experience with orher brokers, but i can confirm that capitalcom is very good.

[gusty forge]

does anyone know whether a bullish or bearish confirmation will always have a exit.. for example a bearish confirmation + will have a bearish exit before a bullish confirmation + starts?

[strange mauve]

the exits are not guaranteed if the opposite signals appear fast in a short time it can skip exits. I mainly use the exits as a sign that the trend is exhausted .

[wispy wyvern]

Can’t you just check that on the charts? Like look if all previous signals did have an exit or not before there was a reverse signal?

[strange mauve]

i suggest not to rely on the exits appearing and use proper risk management if they appear before your personal tp maybe take it as sign to exit or take some profits. some exits can be haevily delayed and you can lose alot of money if you didnt exit the trade earlier

[wispy wyvern]

Ye this. Remember that indicators are there to help you but not to blindly follow

Personally when i start up my week on Sunday night i look at the charts without any indicators applied. Using channels and if i see interesting stuff i apply indicators to confirm my thoughts

[hidden moss]

Does anyone have a tradingview discount code?

[old crow]

Didn’t know they had one. Dang

[gusty forge]

I found there were gaps or points where exit didnt appear thats why i asked this question.. for example if i have a bot that is using exit as a signal to close the trade .. then I will miss this since exit signal is not guaranteed

I wonder what are the stoploss stratgies which people are using here other than stoploss in the indicators. this stop loss option sets a target price as well which I wish i could customse different than stop loss

[ripe jolt]

anyone know how the Demand/Supply Zones are measured in the PAC Indicator?

[spring hawk]

Dears... the P letter... stand for what?

?

[ripe jolt]

i think LuxAlgo has a Details Glossary on their Website, might tell you there, or Youtube it

[old crow]

In price action concepts, there are no specific features that are named supply and demand

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-pa/

Unless you’re thinking about the premium and discount zones

[old crow]

#🤝support message

[old crow]

Its the weekend and we are just watching BTC

[limpid flax]

Micky I saw your strategy in using 4H Neo Cloud HA candles to identify the market general movement, but I also notice you used the premium, equilibiym and discount zones also, does that means if Neo Cloud is Bearish but price retraced from discount zone it can be consider as scalping zone for buying with lower frames like 15m, and consisder that general market movement is bearish

[young sand]

@limpid flax has earned the Lux Level 1 role!

geowala3a just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

[old crow]

If I were to use the Prem/Disc zones, if higher TF price is located in the upper Premium zone, and the lower TF price is located in the lower Discount zone, I will be waiting for price on the lower TF to head up to it's own Premium zone and wait for a short set-up, as long as the higher TF price is still located in its own Premium zone

Hope this makes sense...

[limpid flax]

great thnx 👍

[native jolt]

Matic is getting ready for down again, after a short upmove 😐.

[hearty ingot]

Does anyone know the inverse ticker symbol for the communications sector ($XLC no leverage)?

[hidden moss]

Yeah you can find a lot online but looks like they delete all the old ones

The other trick is to pay for on month and then disable the recurring payments

Before they month will expire

They will give you

50% off on all plans

[old crow]

Yeah, for me, Id rather spend my brain energy on trading, LOL
In the big scheme of things, its just a small drop in the bucket

Id there is value, I will gladly pay for the service.

[hidden moss]

Yeah true

[old crow]

And to me, there's HUGE value

So theres no need for me to "game" the system

[hidden moss]

Absolutely but if we can save a few bucks why not

Heheheh

I mean the 600 dollars monthly you could pay it 300

That's kind of a deal for me

[old crow]

TV is not $600/m

🤷🏻‍♂️

https://www.tradingview.com/gopro/

Plans from FREE to Premium ($50/m)

If its some prop firm trying to scam you for TV $600/month, run away

[true robin]

I believe you can still use Lux and free version?

[old crow]

Sure, many members do that

[ripe jolt]

oh tru well the "Order Blocks"

[old crow]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-pa/order-blocks

[old crow]

BTC
Anyone snag a few scalps today?
Alts?

🤔

[sullen solar]

I’m looking to scalp some Ultra bonds at 5:20 AM😂

Ik oil has oil.com for news but what does bonds have ?🙄

[old crow]

I believe #news-forex would have a few bond news links

[sullen solar]

THANK YOU! boss🐐🐐

[old crow]

Cool, bonds have a certain happy marriage with currencies......

[sullen solar]

0% divorce rates with bonds👀

[old crow]

haha

[old crow]

also bond news in the stock news section:
#news-stocks message

I guess follow al the news updates here

Because the crypto news has them as well:
#news-crypto message

[sullen solar]

Now I just have to scroll through them until I find a bond news 😂

[old crow]

Just search "bonds" like I just did now

Dont you have to study?

[sullen solar]

See this is why we love Micky!!🤣 making our lives easier! And SHHH😂 don’t tell my mom…

[old crow]

hahahaha

[sullen solar]

I already finished my college work 😂 I only trade once I don’t have any more homework

[ripe jolt]

which ALT coins have the most Liquidity?

[old crow]

hmmmmm, I know there are much more smarter crypto traders here #🚀crypto-chat

This is one area that I am behind the curve, the crypto curve.

[ripe jolt]

do you trade them often?

[old crow]

nah, Im more of a FX and ES/NQ futures trader

Now I am trying to perfect my swings for ES

[simple bison]

@old crow can you show me what the color of the background of your TV

light blue color make it look really nice

[old crow]

which day and whihc week? it changes alot, and I may or may not have those color settings anymore? do you have a past image or post link?

[simple bison]

this one

[old crow]

oh the light blus on the PAC?

[simple bison]

yeah

the light blue on bitcoin

[old crow]

Here you go
#dbe0ff

[simple bison]

Thank you but it come out different color

Lol

Actually it the same

[old crow]

OK, at first, that was odd because I copied and pasted the code

[pliant vessel]

For those that use order blocks on your PAC do you have it close at average, wick or close ?

[old crow]

I have mine at close

[old crow]

GN

[native jolt]

Here is the result ☺️

[hidden moss]

I am expecting a short dip before taking long or rather if it breaks 4hr orderblock I will wait for retracement… if any ideas for the same please share thankyou….

[old crow]

Morning

👋🏽

[hidden moss]

hey

[old crow]

BTC 4H

LTC

[native jolt]

Getting ready for short

[old crow]

Interesting for sure
BTC Daily

[celest granite]

just want to ask lowest fees on which crypto exchange??

[hidden moss]

Binance

[young sand]

@hidden moss has earned the Lux Level 1 role!

swingmastermind just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

[pliant vessel]

Probably MEXC

[topaz arrow]

Hi all, new joiner

@old crow

[old crow]

HEY
YOU MADE IT OVER
AWESOME
Here are the links I mentioned to you to help you get started:
#🧠core-lessons
#📈must-watch
Also this is the forum #1128499789437354106 that LuxAlgo and members have been posting their personal strategies with wettings and set-ups.

Take it slow so you are not overwhelmed.

[topaz arrow]

many thanks bro

[old crow]

Anyone still riding Doge with Elon?

[hidden moss]

Hi guys is there any good S/R indicator?

[sullen solar]

Doge is still going ??😹

Well, that’s surprising

[old crow]

That an XRP?

No clue what that is

LOL

[sullen solar]

Oh you said doge 😂 that’s why haha

[old crow]

Interesting where this Daily chart is for ES
Broke below a PAC Liquidity Trend Line
About to form a LH
And possible break down from this PAC triangle pattern
Many OB levels below, very congested area's

[topaz arrow]

guys why this channel is not opening in my mobile discord app?

this is happing to all of you?

[young sand]

@topaz arrow has earned the Lux Level 1 role!

maxemus1988 just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

[old crow]

You probably have this channel collapsed on your mobile app, you need to to click to open it up

[topaz arrow]

no it is still showing locked icon there but if i use my PC it is fine

i need it in both ways

[old crow]

This is on your end.
If you can view it on desktop, and cant on mobile, this is on your end.
DO you have your correct Discord account logged in on mobile?

[topaz arrow]

yes i do

[old crow]

This is really on your end unfortunately.
It is very odd that if you have your correct Discord account logged on both mobile and desktop, and you have access to all VIP rooms on Discord and not on mobile, there is an issue on your end, either some settings on your mobile or different Discord account

Can you view other VIP rooms on mobile?

[topaz arrow]

i deleted the app and reinstalled again, now it is fine

you are right, \i'm using work phone, that's why it hanged

[topaz arrow]

just now

thanks for caring Micky much appreciated

[native jolt]

Here is the result 🥹

[candid sparrow]

I can't wait for the next LuxAlgo premium update to be released

[native jolt]

😍

[sullen solar]

Why not do 150 leverage and go out like a legend🔥🔥🤣🤣

What’s the worst that can happen?👀

[old crow]

OMG

🤔

[sullen solar]

You either become super rich, or you can just file for bankruptcy😂

Plus at 21 I ain’t got much going

For

[old crow]

Id rather be consistent everyday and pay my bills
LOLLLL

[sullen solar]

LMAO facts tho that little rush be hitting different

[native jolt]

Can't take the SL more than the capital 😂😂

[native jolt]

Before hitting the Sl capital would be wipe-out.😐

[old crow]

NO

LOL

You will learn

[sullen solar]

That’s why I moved to ES from NQ😂 it’s an absolute rush going in with five contracts of NQ

So I decided to be more consistent with ES

🔥💯

[native jolt]

Same view, HW is above 80 and turning point is upside, soon it will be for the downside, on 15min..chart it is clearly visible... going long from here directly, would not be a wise decision...just my views.

[waxen mulch]

@old crow would it be a correct statment that osci matrix can replace both rsi/macd?

My tv membership only allows few indicators at a time

[old crow]

OH yes for me definately. For me, theres no reason for me to use those old stock indictsors that everyone uses.

This has been my Signals & Overlays template for a LONG time

[waxen mulch]

thx @old crow I am more of a scalper working with 2 min timeframe. So I guess shoud for ex, see if there money flow/overflow in higher time frame before making my decision on 2 in entry

[old crow]

This is something you need to decided on your own after testing.
For me, I concentrate on one trigger feature of the Matrix on a higher TF, that is the TP's

[lunar tapir]

pleas share your analysis of EURCHF
@old crow

[old crow]

OK, but I wouldnt rely on it as I never traded or watched that pair at all.
Give me a few minutes.

[lunar tapir]

thank you ❤️❤️

Which currency pair is good for beginner trading?

[old crow]

I really don’t know that answer. No symbol is geared for any stage of a trader. It is on us to put the time in to study a pair for months to know the ebb and flow of that symbol. So in my opinion, if you watch and study ONE symbol everyday and know how it breathes after a few months, you will be better off in your success as opposed to jumping around many symbols constantly everyday

The key is FOCUS

🧘

[lunar tapir]

yes thanks men

[young sand]

@lunar tapir has earned the Lux Level Ultimate role!

hirraadd just levelled up! 🔥🥇🚀

You’ve made it to the top. Congratulations, we are super thankful to have you a part of the LuxAlgo community. <3 You are now qualified to receive the LuxAlgo Pro role which includes many perks. Keep it up & an admin may reach out!

[old crow]

I dont know where this pair is going, as I have not studied this pair at all.
But I cant tell you is that is did hold very well to the 4H Liquidity TL's
The pattern actually held true for a breakdown, but hit a brick wall with a 4H OB.

[lunar tapir]

oo thank you micky love you ❤️❤️

[sweet fern]

[old crow]

👋🏽

Hey there!

Anyone digging for Gold?

[hidden moss]

ACH Price Prediction for next 2 weeks ?

like i mean how high it could go up next 2 weeks.. ?? i just posted daily candle charts to show current trend.

[sullen solar]

These charts look so clean!! I feel like my stress levels would go down😂💯

[young sand]

@sullen solar has earned the Lux Level 3 role!

wallstreetlegend just levelled up! 🚀🎉🍰

Woah there, you’re a real G… welcome to LuxAlgo Level 3! Here is a cake for being so active in the LuxAlgo community. You’re getting closer to legendary status, keep going pal! <3

[old crow]

I think if you bring down your 150X down to a safe leverage, your stress would go down

[sullen solar]

HAHA I trade futures 😂 but I Believe the 150x is crypto right? I can’t imagine being leverage to 150x damm

[old crow]

yeah I think so

[sullen solar]

What do you trade ? Bro

[old crow]

eur/usd. usd/jpy. es

[sullen solar]

Very nice! I trade ZB/ UB, NQ and sometimes es

[finite bear]

Good morning from here, everyone. Trust you all had a good weekend. Happy trading week, everyone.

[blissful plover]

What’s your chat background settings

[blissful plover]

You trade on tradovate?

[sullen solar]

Yessir!! I love it

With top step

[blissful plover]

I want to try

Cause I trade nq only

But on mt5

Are you funded?

And how does everything work? @sullen solar

[sullen solar]

Not yet working on it haha that WSB mentality is still with me💀 but everything is super easy and smooth

[blissful plover]

Hahah ok

What challenge you taking?

[sullen solar]

The 50k for now

[blissful plover]

Nice

How’s it going and what strategy you use?

[sullen solar]

I use the hold and pray 🙏🏽 strategy 🔥

Lmao jk I use breakouts and FVG levels

[blissful plover]

best strat fr

[split pond]

Yea and when the diversion occurs I remember all the sins

[old crow]

Lets see where Asian and London takes NY to

[covert pagoda]

This may be a dumb question but I’m new to silver bullet. Is there anything if you guys trade if that you realized “x matches”, Volume “increasing”, “ outside of yesterday’s range” that made the fvg/ silver bullet more effective ? Thank you!

[grave inlet]

[grave inlet]

Monday is going to be bullish or same as Friday for /ES??

[old crow]

I have no idea.
Im not smart enough to predict.
I will just watch how price reacts to key levels

[pseudo stirrup]

What is your prediction for Gold ?

[old crow]

Same for any symbol for me:
I have no idea.
Im not smart enough to predict.
I will just watch how price reacts to key levels

[gritty kite]

@old crow your fan base is getting bigger everyday 🙂

[golden cargo]

Hi y'all

Glad to be here 👋🏽 my first day with “price action concepts”

[old crow]

Hey hey

[old crow]

Awesome. Have you checked out these channels yet #🧠core-lessons #📈must-watch

[golden cargo]

Any advice / tricks / settings would be very helpful.

[golden cargo]

I'll do this when I wake up in the morning.

[young sand]

@golden cargo has earned the Lux Level 1 role!

flowtheglobe just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

[gritty kite]

See you

[unique cypress]

whats the plan for this week

[wispy wyvern]

End up in green

[hidden moss]

[gusty forge]

anyone here has any advise about stoploss?

[hidden moss]

i prefer not to use stop loss instead DCA and buy at lower to full fill your loss position.

its my personal preference. not any advise.

i was at loss with ACH i did buy at low with same price and now got a nutrual position, no loss.

[gusty forge]

this worked for me but then one trade was enough to make me loose .. and yes this works better if you are spot trading but not for futures

[hidden moss]

ofcourse its not going to work on a strong reversal

weekly candle must be bullish.

or daily at least on LuxAlgo Signals.

[gusty forge]

i am sitll not able to create a working stratgy for me using luxalgo indicators. but the issue is not with indicators .. just I dont have a strategy at the moment

and mostly this is due to stop loss . i end up hitting my stop loss

[young sand]

@gusty forge has earned the Lux Level 2 role!

classic202020 just levelled up! 🤗📈

At this point you’re considered family here at LuxAlgo. We are so glad to have you engaging with other members 🤗❤️ Keep it up & you might just earn something special ;)

[hidden moss]

i usually do day trade but i do not exit at loss, so it sometime turns into swing trade.

[gusty forge]

futures or spot?

[hidden moss]

i trade on cross margin account, so in case of high drop, has safe funds to cover the loss with DCA

i am not trading futures because high risk.

[gusty forge]

cross margin .. i need to look at this .. i know about spot and futures only

[hidden moss]

another thing is trading is not same whole year as usual so there are season too, so instead limiting trade. i try to take advantage of the season and stay off trade or no trade when its strong bearish weeks.

i mean many says do not trade too much, i disagree on that, i try to secure as much as profit possible on a bullish day.

cause i am not going to trade every day.. there are bearish week and news too.. so its not like fixed thing.. like 1-2 trade daily.. so sometimes i trade even 4-8 but yea i have a target, not going too crazy.

cross margin same as spot .. just the difference you get no loans on spot and you get loans on cross, and there are marked tokens which has cross or not.. i did not get scammed on any cross margin tokens, because binance carefully select the tokens which is not pump and dump and has pull back ability.

[gusty forge]

interesting funny that i never looked at that. i will check this .. do you use luxalgo with any stratgy or you have your own stratgey and you use luxalgo for confluence ?

[hidden moss]

there is no strategy that can get you a fixed position for wining rate. still i find luxalgo very useful on 15 mins, 1 hour, 4 hour, daily, weekly charts. always choosing a good token which has many pairs and on cross margin supported list. not investing more than 10-20% per trade max position on multiple trade is 60% total.

40% safe / recovery funds.

and there are many more to discuss you can pm me if you want to know more how i trade but thats what i do personally, i am not tell you shall do the same, each person trade and choice is different.

also i always try to exit on 2-4% profit.

i do not use stoploss instead i use DCA

like that.

[gusty forge]

I agree and i am not expecting only wins.. i will be happy if i can win 40% or even less depends on my risk reward ratio .. but here i am having issue with stop loss

[hidden moss]

you can win much if you can hold for longer period

i live and pay on crypto profits so i can not hold for long term.

hold for longer period means not like daily or weekly trading.

that time comes only few times every year.

and the return gives you full yearly coverage.

Hi, how do we know when to exit on this strategy? As you can see that the exit market "X" does appear but the market continued to the downside. at which point do we exit in such a move. Only at the "X" or is there another variant?

[old crow]

Morning 👋

[hidden moss]

there is no indicator or signals can give you or gets your 100% success so its hard to tell.

its your personal preference but i prefer not to loss more than 4% max but even you do not lose if you have the money to buy at low and let it get profits to fill the gap of your loss position that you purchased higher.

[old crow]

That x is a place we’re you “could” close out entire position or take partials and let the rest run etc. depends on your style and strat

[hidden moss]

but a stable pull backs needs time and also watch 4 hours candle.

[gusty forge]

X is good enough to take profit.. or some profit .. nobody knows the bottom..

[hidden moss]

do not just do it quick cause that will even lead to more loss.

exactly nobody can tell you the exact bottom or top

mostly people goes with previous support and ressistance

but a break out is cool which does not happen daily.

[hidden moss]

Thank you for your replys. Lets say in this particular instance, in the event that the trend catcher changes colour on an impulse, this could also be considered as an exit on a down trend.

[young sand]

@hidden moss has earned the Lux Level 1 role!

Shlebz just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

[old crow]

https://www.tradingview.com/economic-calendar/

OK ok
Lets have a great safe week

Any questions before the NY opening bell?

🤷🏻‍♂️

[gusty forge]

which strategy is this ?

[old crow]

No particular strategy
Just a template I like to scan through symbols everyday to give me a "feel" of bias

[gusty forge]

Oh ok .. i have see we have a number of pro strategies in here.. can you help me by pointing out which worth exploring .. i know nothing is 100% .. this will help

[old crow]

Interesting how both these pairs PAC Patterns formed here
Notice what price "could" do based on their Pattern breakouts

[old crow]

I know this is not the answer you want to hear, but they are all worth looking into.
All these #1128499789437354106 are effective for the authors who posted them.
We just have to gravitate towards the ones we have confidence in, and optimize for our own personal style.

[cinder quest]

what do you expect from 01 min charts with multiple Xs, just go with RR and exit when you feel you have earned profit or trail the SL. 1 min chart is quite volatile.

[old crow]

Big Wednesday fed news
So we just may chop a bit prior to that
📌

#news-forex message

☝🏽

[sullen solar]

@old crow traded 5 cons of ZB😂✅ well my day is done haha

[old crow]

Nice

[sullen solar]

Could have made 468🥲 if I held

Haha but I’ll take it and thank you bro!!

[old crow]

would of, could of
and it could had been a SL if you had held, as well

[sullen solar]

Literally woke up at 5:20 because that’s the time it opens my time lol so tired!

[sullen solar]

You right bro! Take the 156 and run✅😂

[old crow]

Thats what I always do
Once your in, and the price has a certain pace, and when you think the pace is decreasing, get out, done

[sullen solar]

Bonds specially ZB is slow which is a good thing if you want to get a couple ticks and be done for the day

Now I’m imagining myself going in with 10 contracts and making $312.25 a tick😹 if my math is correct…

[old crow]

Whats your fees and commissions on these bonds?

[sullen solar]

Just $23 a full round trip! Which is literally mine blowing😂 I thought it was gonnna be $50

Or some crazy stuff it’s literally like if I was trading ES but I make more

Es commissions is around $23 as well for round-trip trading 5 contracts = 10

Not financial advice, but you should definitely look into it bro 👀 @old crow

[old crow]

Looking at it now, and looks very slow, dang

So a higher TF should be good

[sullen solar]

Yea I use HC on it because the regular ones suck lol and it’s a good thing that it’s slow because you can just buy and wait for it to go up 1 tick and get out

[old crow]

At $31/tick, this needs a stomach during this slow pace and pull backs

[sullen solar]

My SL is that 2 ticks above haha with 5 cons but true But usually you can tell if it’s going to go back up

[old crow]

I like 3 Ticks on this sucker

[sullen solar]

With 1 con? Or how many 👀

[old crow]

Naw, if I were to trade this, I would find that happy balance TF at a $100 TP with 1 contract. Then once I have it consistent, thats when we talk about the number of contracts. The number of contracts is always the least important to me, until I figure the chart out.

[sullen solar]

See this is why we love Micky✅ always so wise🔥 I need to get on that level!!

I be thinking about how much money I can make 😹

[sullen solar]

You need to drop tutorial on the background🔥 sheesh

[old crow]

tutorial?

[sullen solar]

Yess! Haha or like, how do you make it look like that

[old crow]

Go to your charts settings, then canvas, then change background color

There's your tutorial

[sullen solar]

Thanks bro 😂✅

[proper wing]

GM everyone. Happy Monday: ES chart with levels of interest

[sullen solar]

Can someone help me lol how can I fix this?

[old crow]

fix what?

[sullen solar]

It looks all squished

😂

[old crow]

right click on right axis, scale to price

[sullen solar]

Where is that?

[old crow]

Y axis

the price column on right side

[sullen solar]

Oh there! Thank you!

[old crow]

👇🏽 X axis

👉🏽 Y axis

[sullen solar]

Gonna save this for math class 😂

[old crow]

https://tenor.com/view/i-got-my-eye-on-you-i-see-you-i-got-you-popoviach-key-and-peele-gif-13844641

[old crow]

More key levels

[proper wing]

Got Circle:

[old crow]

Key rounds

[proper wing]

https://tenor.com/view/golden-key-bali-east-paradise-gif-24080383

Just like your profile picture.

[old crow]

40 minutes till London close

https://tenor.com/view/ron-swanson-clock-we-dont-gif-23296121

[proper wing]

I see good buying pressure. Sellers are present between 4503-4507 level. If we can clear this range, we can move higher to 4517 level.

[lone copper]

Hi, I am a long-term investor not a day trader. Could someone point me to where I can set up my chart to show buy and sell on day or weekly. I have tried to set up but it seems to show buy and sell around the same levels i.e. I buy at 22k it goes up to 26k, then drops but only says sell when it goes back to 22k. Is there a course on how to set up the charts. Thanks in advance.

[old crow]

Those buy and sell signals are really not meant to be taking on it's own.
You need nee a plan, a strategy for entry, for position management, and for exits

There are docs and videos that goes over each feature of the premium indicators, but as far as a complete guide or a plan, just depends on you and what your style is. What you can do is maybe look at the long term presets on the Signals and Overays, to start

There is also #1128499789437354106 that LuxAlgo staff and members have been posting their own strategies and settings as well

As far as a higher TF bias, I use a 4H Price Action Concepts bare template

[lone copper]

@old crow thanks for the reply, I am buying to sell in 2024 / 2025 but trying to learn and set up charts so they work when I need to find the area around the top. I have several different charts set up but Luxalgo has so many indicators within the indicator I am totally lost.

[old crow]

Im not sure what symbol you are watching?

[formal mason]

For what it's worth, I too started w/ information overload - lol. There is a ton of good things in luxalgo, and initially more seemed like better. (You'll probably see my asks and Mickey's replies if you scroll up). I thinned things down to the colored candles, signals, the neo cloud, oscilator, then the trend catcher and the reversal clouds... (the latter is a little noisy on the screen) But with the first 4 I could start to "see"... and I was like whoa. trend catcher can give a bit of a pre read on things. reversal clouds give me an idea if I want to buy in but I'm near a top... might not be wise.. I followed Mickey's advice, and look for signals at the 4 hr, and then dive into the 15m to see what sort of action is going on and if it goes above or below a certain set of tops/bottoms in the direction of the trend, then it might be worth getting in. I've been running a lot of the scenarios where I find things line up in luxalgo favorably, through OnDemand in thinkorswim. (Paper trading). So far, it is upping the win rate, and I have planned exits to be out if plan doesn't go according to plan. Needless to say its helping my planning and management. -- IN summary, try less on the chart first. Then develop strategy. 🙂

[young sand]

@formal mason has earned the Lux Level 1 role!

ron.vissers just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

[lone copper]

@formal mason that's really helpful thanks. There is so much you can turn on it is mind boggling. I have tradingview pro which gives me 5 indicators I believe. Is that enough or do most people have it so they can have more.

[old crow]

Wow, good to hear this 🙏🏽

[finite bear]

Good afternoon everyone

[formal mason]

I have the price action concepts and the signals and overlays setup (that is 2 indicators) then volume counts as my 3rd. (Yeah, I still have free trading view, limited to 3.. but will be subscribing) Didn't need much more than that to "see" -- I've also exclusively focused in on SPY and TSLA only for now. (Learned that everything can be shiny, but if i'm building rules, focus was key to straying from rules). Once I have my rules refined I can expand the stocks I want to work with.

[old crow]

Wuz up

👋🏽

[twilit urchin]

As expected BTC to 27K 😎

[lone copper]

Thank you.

[old crow]

Who's looking at Crude?

👀

[kind tapir]

i am still confuse about what strategy should i adopt in 15 min trading every strategy i adopt is failed

[old crow]

The thing is, most strategies that you see posted will and eventually fail if you try to follow it step by step.
Because those strategies where posted by members that have already optimized it for their own style and account size. So when you find a posted strategy that you really like, test it on the surface, then tweak it and adjust a few things so that it fits you.

[kind tapir]

can you suggest me some stratigy for 10k balance acc for forex trading which proven best

[old crow]

Here's a good place to start, with LuxAlgo Episode Series
https://www.youtube.com/playlist?list=PLbqCXsOfrM3MjO7q7uIiwoVq3evI4neQr

[pliant anchor]

Micky?

does this count as fvg not respected or does the string doesnt count

cuz it moved down on this candle

and respected it perfectly

[old crow]

Well, according to this image, as I dont know TF or symbol, price did comeback to this FVG area on a pullback.
But in my opinion, most FVG's, a very high percentage of them, price will "eventually" tag it or mitigate it. But the million dollar question is when? will it occur with the next 2-8 candles? or will it occur 1 -5 weeks later? Thats is the million dollar question

[pliant anchor]

5 mins

then what do u think of this silverbullet setup, would u say i used a conformation or was it luck?

[pliant anchor]

fvg created in nyc time zone

[old crow]

OK so that puts this in perspective, so it took 2 hours until price tagged it and continued bearish.
Thats a long time, and when would the entry take place? it took 35 minutes until price tagged the FVG, but would you had entered at this point and held for total of 2 hours until this played out?

Tough call if your scalping

Swing, sure

[pliant anchor]

i mean i entered at 5pm cuz of the fvg respect and its only a backtest

its a downtrend so i waited for a bearish fvg created in nyc time frame + respected then i entered

and it worked but on second pullback it slightly went trough the fvg so i wondered if that counts as a break?

[pliant anchor]

wdym

[old crow]

ok yeah, you have the proper read on this

[old crow]

meaning if i want to scalp, not sure if I would be holding on for 2 hours and hoping and praying. Look at how long price hung around in a chop zone

[pliant anchor]

U really think so? because im lust in the learning process right now im using silver bullet since yesterday and i mean i hit tp like 3 out of 4 times

[pliant anchor]

ah i understand 🤣👍

sometimes it just takes a bit longer 🤷‍♂️😅

ict said its allright

and hes kinda right i mean mostly it works

[old crow]

the silver is good, especially with Lux indicator, just be consistent, after the 10-11am, if the set up is not there, shut it down, theres next day

[pliant anchor]

but i just wanna make sure its not luck

[pliant anchor]

yes sir

[low turtle]

After watching all the live videos posted on you tube By Lux algo. And after trading for a few years already (blindly in hindsight ) . I caught this and made a profit. All POA , 4hr. The profit at this point was not even the success for me! The Idea that i did this deliberate is the real success for me. I found a setup i was interested in, i researched it as hard as I could using all the tools and info I had. Everything pointed to the right direction and so I let it play out. Hitting the upper buy/sell order just as I thought it would. Thank you Mickey for you words , time , and kindness. It was not the perfect entry but it worked out well.

[old crow]

every trade is LUCK, but if you can be consistent with this Luck, and with trade management, this luck turns into a sound stratgey

[pliant anchor]

thank you micky

you allways helping me out

[old crow]

no problem, but you are heading in the right direction, thats for sure!

[pliant anchor]

apreciate it a lot

[old crow]

AWESOME !!!!!!!!!!!!!!

[pliant anchor]

are u trading every day micky?

or i mean looking for a setup

[old crow]

👉🏽 The difference between a LUCKY trade and a sound Strategy trade, is "Trade Management."
Without "Trade Management," it is just a "Lucky-Gamble."

☝🏽

[grave inlet]

@old crow do we have scanner on base of pro indicator, then it's easy to scan and look in detail for trade setup?

[low turtle]

Hey Micky I have this setup with 5 , 15 ,1hr ,4hr ,6hr ,8hr ,1d. Is their a better way to set this up Or do I really need all those time frames in your experience? Used for following , bounces etc..

[young sand]

@low turtle has earned the Lux Level 2 role!

.moose73 just levelled up! 🤗📈

At this point you’re considered family here at LuxAlgo. We are so glad to have you engaging with other members 🤗❤️ Keep it up & you might just earn something special ;)

[old crow]

Yes and no. LUX has these: #🔔scanners-premium #🤖luxalgo-bot

[old crow]

For me I like to have 4H and 15m on my screen. If I need to, I’ll pull up a 5m for trade management

Too many TF’s may dilute the emphasis on whys important

[low turtle]

Roger that , I have way to many on my chart.

yeah for sure

[old crow]

Just an opinion

[low turtle]

I agree thats why I was asking

[old crow]

I used to have 6-9 monitors. Now I just have one screen, my MacBook. That’s it. Nothing fancy.

It’s all I need

[low turtle]

ok cool

I did go every board thinking I wanted to see them all lol

but its to confusing

so question , when you look at the 4 hours do you car if there is something between the price and the 4 hr order block above

like a 30 min order block for example or a 15

thats where I am getting a bit comfused

do you ignore those are they relevant , do you just see the 4hr and thats all you focus on

[wispy wyvern]

I think an ob on a bigger time frame means more because there is more data/volume in it then lower tf

I use daily and 4hr. But sometimes i add 1hr to narrow the space for an entry

[wispy wyvern]

Is that right?

[low turtle]

ok , I use a 4 hr , but when i check the one hr OB its inbetween the four hour ob im watching

[old crow]

If you watch the LuxAlgo recorded live streams, I talk about what I look for on a 4H OB chart. I talk about 2-Paths

[wispy wyvern]

What session was that again?

[low turtle]

right you do !

[wispy wyvern]

Have time to look now

😬

[old crow]

All of them

https://www.youtube.com/@LuxAlgo/streams

[wispy wyvern]

Thnx

[old crow]

This is just how I analyze. Other members here may have a better way to fit your style as well.

[golden cargo]

Hey y.a'll quick qestion

is there a refferl code i can share with friends?

I have some others that want the premium

[low turtle]

https://www.youtube.com/watch?v=8iTkBfLape0 59:40 MIn = 2 Paths

[old crow]

There is some sort of program that you need to be qualified for, email the support team to find out

[old crow]

DXY
Markets are winding down

Just scalped this ES 1m on PAC Silver Bullet on this FVG
I didnt hold for the next level below, it was just a hard 16 ticks TP

There was a better short play inside the hour zone, but I was not in front of the charts, I only saw this FVG and took it for a scalp

Not a perfect entry per the rules, but oh well, Now Im done, LOLLLL

[gritty kite]

Market's about to close

Which means it's time for another...

[old crow]

👀

https://tenor.com/view/tired-bored-ernest-ernest-p-worrell-reading-gif-23758850

[grave inlet]

https://tenor.com/view/mando-bo-katan-mandalorian-star-wars-bo-way-gif-5537889322691419593

[gritty kite]

https://tenor.com/view/riverdale-cheryl-blossom-fact-gif-13320429

" Micky Sticky Fact #55 "

Legend has it that sleeps with a pillow under his gun!!

All we know is that Master Trader @old crow with over two decades experience is here helping us get better! There is nothing he doesn't know

P.S: His girlfriend learnt a new word "Contagious". Micky asked her to put it in a sentence. She said, Our neighbour tripped his garbage bin across the driveway it is going to take the contagious to clean it up!!

Mostly sideways PA today. Probably waiting till Wednesday

[old crow]

yup

[raw compass]

Hello, does anyone use the lux indicators with the okx broker??? I can't create bot.

[hidden moss]

Posted new strategy hope everyone will give view on the same

[old crow]

DXY
Will this totally flush?

Doesnt the ES looks like it wants to find a reason to be bullish?

[ripe jolt]

it does lol, DXY looks Bearish,

[hearty ingot]

I got a question in the signals and overlays with the (take profit stop loss zones) is that data collected from brokerages or is that some type of equation that’s done with price?

because I know for a fact that the market go through liquidity hunts, and when you set a stop loss or a limit order or any kind of order, it is displayed for the market makers, hedge funds and any one who has access to data.

[old crow]

This is user defined
https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/tp-sl-points

[split pond]

I have few questions

If I put an alert on an indicator, will it work even when I am offline?

Or do I have to keep my system ON?

[old crow]

The alerts are created on the TV server side. So ok to close down TV and your computer

[split pond]

And I also wanna ask, how can I put alert on HH, LL, HL and LH in PAC?

[old crow]

I dont think so at this time. You can post a request here #🔍feature-requests

[split pond]

Ok bro. Thnx a lot

[unkempt plank]

I have one question. Can I put an alert on a complete watch list???

[old crow]

Not possible. You would need to create alert separately for each symbol

[obsidian moth]

@old crow you arent sleep?

lol

xau

https://tenor.com/view/sweating-nervous-wreck-gif-24688521

[gritty kite]

Goodnight Micky

[unkempt plank]

I would like to understand more about the money overflow indicator and its interpretation

[mystic granite]

Hej @old crow
Looking the 4 hour time frame I entered the 1 time frame long. I see the breaker block as resistence up there (I got 500 order block 😄) ….. the only thing worried me in the 4 hour time frame the matrix is overbought…. What do you think …. Did I make the right decision?

[wispy wyvern]

Carefull for data tho

[mystic granite]

Thanks…. I see not good news looks like

[wispy wyvern]

Depends for ur cad trade if it sill be good or bad

It will be released in 1.5 hour from now. Just to keep in mind

We dont want to gamble our trades on data events

1.5 hour so still have some time for ur trade 😬

[mystic granite]

Now looks still bullish but I doubt will reach my goal

[wispy wyvern]

Possible ny will open soon but just be carefull with trading on news events. If it turns out to be bad it can go whipsaw and might trigger sl

Or if good might trigger tp 😝

But thats a gamble haha

[old crow]

For this scenario, I think your ok because the 4H is a high TF, so depending on your TP, you should be fine. Just be careful that the 4H also has Matrix reversal signal @mystic granite

[pale tapir]

I'm looking for links to vids that do a deep dive into Order Blocks. Specifically looking to understand how to weight the support/resistance power of the various possible combination of % and the length of the Green vs. Red block. I've watched: MustWatch: (EP 3) Price Action Concepts setup but frankly left slightly more confused than not. The blocks themselves look like great entry/exit points without throwing in the CHoCH and BOS stuff.

[wispy wyvern]

Watch this

https://www.youtube.com/watch?v=8iTkBfLape0

[old crow]

MORNING

https://www.tradingview.com/economic-calendar/

Here we go with Tuesday, day before the storm

Cant forget about BTC

hers the Daily BTC for a better picture on what BTC was doing past year

[still valley]

Hi guys, sorry to bother you but it's not possible that I can't make money with these indicators, is anyone willing to help me, how to set up signals and overlay indicator to be profitable on nasdq100

they told me that someone here will definitely help me

[mystic granite]

Hi @old crow @wispy wyvern the trade went better then expected. Closed with around 15% win (considering leverage) fantastic trade. The price entered the breaker block on the 4Hour time frame and went little back… so decided to to not be gready and get out. …. I will always put a 4hour pac on my trades it helps to see the overall sentiment.

[old crow]

I am not sure where you are at with your trading, if your new or been trying for past few months/years.
But what you could do it start with yourself, meaning what type of trader are you? your style? etc
This could help in finding out: https://docs.luxalgo.com/trading-best-practices/profile

Then after you have an idea of what kind of trader you are, you can start here: #🧠core-lessons and #📈must-watch

Then if you like additional ideas on set-ups, you can take a look at LuxAlgo's Set-Up series:
https://www.youtube.com/playlist?list=PLbqCXsOfrM3MjO7q7uIiwoVq3evI4neQr

[old crow]

Nice work

[old crow]

Hows the market open for everyone?

ES trying for a clean break below the 4H OB

Same with NQ

Go down to a lower TF
NQ 15M with 4H OB's
Now we can try to find and entry breaking below the 4H OB, on this 15m TF

Same with ES

[old crow]

Curious
Where's everyone from here? 🤷🏻‍♂️

☝🏽

Ill start, i'm from Vegas

[mystic granite]

Looking for new opportunities 💶💶💶

Stockholm Sweden 🇸🇪

[old crow]

Hey there Sweden, that's awesome!

[mystic granite]

Well originally I’m Italian 🇮🇹

[old crow]

Cool! Best of both worlds, right?

[proper wing]

GM everyone, addition of new Box-0

[old crow]

NO!!!!!!
BOX 0 !!!!!!

LOLLL

JK

[main summit]

Unfortunately, England

[grave inlet]

how you got these boxes, using fib or some indicator

[grave inlet]

California, US

[old crow]

Hey neighbor !!!!

[old crow]

OMG hahahahahaha

[grave inlet]

hello neighbor !!!

[proper wing]

Box-0 I save it in case I ran out of boxes.